Crypto

The round was led by Borderless Capital with participation from Strategic Cyber Ventures, CoinFund, Coinbase Ventures, Bloccelerate VC and In-Q-Tel.

The Taiwanese celebrity closed his position at a $4.5 million loss as Hyperliquid’s market share continued to lose ground to other decentralized exchanges. Taiwanese music celebrity and high-profile digital asset investor Jeffrey Huang, also known as “Machi Big Brother,” sold all his Hyperliquid holdings at a multimillion-dollar loss amid mounting concerns over the token’s upcoming vesting schedule. The celebrity and popular Bored Ape Yacht Club collector sold $25.8 million worth of Hyperliquid (HYPE) tokens, realizing a total loss of $4.45 million after weeks of holding, according to blockchain data shared by pseudonymous analyst MLM in a Tuesday X post. The account has also forfeited more than $19 million in unrealized profit over the past week. Read more

Top blockchains in 2025, based on active users, range from DeFi stars to gaming chains. Growth notwithstanding, these blockchains are facing stiff competition. Blockchain growth in 2025 hinges on real usage and tech upgrades, not speculation or hype. Active users, measured by wallet addresses, are the key metric. DeFi, NFT ecosystems and stablecoin adoption are driving millions of new users. Read more

Mantle and Avalanche have posted double-digit gains on the day while the broader crypto market downturn continued.

Hackers breached UXLink’s multisignature wallet to steal about $30 million in assets and mint 10 trillion UXLINK tokens, but later got nabbed in a phishing scam. AI-powered Web3 social platform and infrastructure UXLink saw its crypto token collapse by over 90% after a malicious actor minted billions of unauthorized tokens.  On Tuesday, the project announced that it had identified a breach involving its multisignature wallet. The company said a significant amount of crypto was being illicitly transferred to centralized and decentralized exchanges (DEXs).  UXLink said it had reached out to exchanges to freeze suspicious deposits and reported the incident to law enforcement. In another update, the company confirmed some of the funds had been frozen with the help of exchanges.  Read more

Fnality raised $136 million in a round led by Bank of America, Citi and WisdomTree to expand its blockchain settlement network. London-based blockchain payments company Fnality secured $136 million in a Series C funding round backed by some of the world’s largest financial institutions. Bank of America, Citi, KBC Group, Temasek, Tradeweb and WisdomTree led the round, joined by returning investors including Goldman Sachs, Santander, Barclays and UBS, according to a Tuesday announcement by the company. “The closing of our Series C reflects a shared conviction that the future of money demands a new foundation,” Fnality CEO Michelle Neal said. She added that the company’s blockchain-based settlement systems offer “24/7 payment rails, real-time settlement, and enhanced liquidity.” Read more

Monday’s redemptions point to “short-term positioning” after the Fed’s rate cut—while flows could swing again on Friday’s PCE data.

Seasonal weakness persists as crypto markets cool, while gold and AI stocks capture attention.

Funding round backed by Bank of America, Citi, WisdomTree and others highlights institutional push into tokenized finance.

The reported pause on RWA tokenization shows Beijing’s risk concerns, even as Hong Kong accelerates its digital-asset ambitions.

The $10 billion investment company, which was rebranded from Binance Labs, is open to the possibility of converting into an investment fund

New Madrid hub positions German crypto infrastructure firm to capture growing adoption among banks and investors

The on-chain perpetuals market is experiencing a major shake up as Hyperliquid cedes ground to competitors.

The fraud ring likely have used "chain-hopping" and OTC networks to launder $15 million, an expert told Decrypt.

The European arm of crypto exchange Bullish is to be the first venue to list the SG Forge’s USD CoinVertible (USDCV) stablecoin.

A Toronto-area abduction tied to a million-dollar Bitcoin demand ended with a 13-year prison term, while a co-accused minor awaits judgment.

Experts note that options traders are pricing in further downside this month, even after the largest long liquidation event on Monday.

Crypto market drops 2% to $3.9T as $1.7B in liquidations hit, with Bitcoin near $112K and Ethereum, BNB and Solana posting sharp losses. The post Crypto Market Suffers 2% Drop As Bitcoin Tumbles and $1.7B Liquidations Mount appeared first on Cryptonews.

CleanSpark expanded its Bitcoin-backed credit line with Coinbase as miners turn to non-dilutive financing under tighter market conditions.

Nine US lawmakers asked the SEC to move forward on last month’s executive order to speed up the inclusion of alternative assets like crypto in US retirement funds. US lawmakers have called on Securities and Exchange Commission Chair Paul Atkins to help accelerate the executive order enabling crypto investments in US 401(k) retirement plans. In the letter on Monday, nine lawmakers, including House Financial Services Committee Chairman French Hill and Subcommittee on Capital Markets Chairman Ann Wagner, said that Atkins was asked to “provide swift assistance” to the Secretary of Labor and to make any necessary adjustments to its current regulations and guidance. They also noted that under President Donald Trump’s August executive order on “Democratizing Access to Alternative Assets for 401(k) Investors,” the SEC was instructed to make alternative assets like crypto more accessible in participant-directed retirement plans, in consideration of accredited investor and qualified purchaser rules. Read more